Board of Trustees
Mr. Brennan is Chairman Emeritus and Senior Advisor of The Vanguard Group, Inc., one of the world’s largest investment companies with assets under management of roughly $4 trillion. Mr. Brennan served as Chief Executive Officer of Vanguard from 1996 to 2008 and Chairman of the Board from 1998 to 2009. He was elected President in 1989 after joining Vanguard in 1982.
Mr. Brennan serves on several boards of directors, and is a director of General Electric Company; a director of American Express; a director of Guardian Life Insurance Company; chairman of the University of Notre Dame's Board of Trustees; chairman of the Financial Industry Regulatory Authority (FINRA); chairman of the Vanguard Charitable Endowment Program; a past chairman of the Investment Company Institute; and a past governor of United Way of America.
Mr. Brennan graduated from Dartmouth College and received an M.B.A. from Harvard Business School. He has received honorary degrees from Curry College and Drexel University.
Mr. Clough is Chairman and Chief Executive Officer of Clough Capital Partners, L.P., a Boston-based investment firm with over $3.4 billion in assets under management. He has been active in the securities and investment business for more than 45 years and has experience across analytical functions, from working as a research analyst to serving as portfolio manager.
Prior to founding Clough Capital Partners, Mr. Clough served as the Chief Global Investment Strategist at Merrill Lynch & Co. Inc., where he was responsible for directing the global investment strategy research effort of the then world's largest investment firm for more than 13 years. Prior to his tenure at Merrill Lynch, Mr. Clough was Director of Investment Policy and Chief Strategist at Cowen & Co. Previously, he was Director of Research and Portfolio Manager at the Boston Company, and Vice President and Senior Research Analyst for Donaldson, Lufkin & Jenrette and Alliance Capital Management Company.
Mr. Clough serves on the boards of a number of educational, hospital and charitable institutions, including Boston College and the Yawkey Foundation. He is also an ordained deacon in the Roman Catholic Archdiocese of Boston and serves in that capacity at his local parish in Concord, MA. Mr. Clough graduated magna cum laude with a major in history from Boston College and earned an M.B.A. at the University of Chicago.
Mr. Jeton leads the strategic direction and oversees the operations of Catholic Investment Services. Prior to this appointment, Mr. Jeton spent 15 years in private equity, most recently as Chief Operating Officer of a portfolio company of Devonshire Investors, the private capital arm of Fidelity Investments, and as Chief Operating Officer of Apax Partners’ U.S. operations in New York.
He began in private equity as partner and Chief Financial Officer of Heritage Partners, a middle-market buyout firm in Boston. He started his career in finance at the First National Bank of Boston, where he had extensive domestic corporate banking experience and was a senior executive in the bank’s units in France, Japan, Australia and Nigeria.
Mr. Jeton has served on the board of Marymount International School, Paris (part of the Religious of the Sacred Heart of Mary network of schools) and A Better Chance, Inc. (Andover, MA chapter). He is a graduate of Dartmouth College and earned his M.A. from Boston University.
Mr. Lanctot is a Partner of William Blair & Company, a Chicago-based investment banking and asset management firm, where he heads the Debt Capital Markets Department.
During his professional career, Mr. Lanctot has played an active role in innovative public-private partnership financial advisory assignments and financing transactions for clients in the public, non-profit and private sectors. Before joining William Blair, Mr. Lanctot practiced law for 23 years, advising clients on a wide variety of transactional and governance matters.
Mr. Lanctot is a trustee of the Vanguard Charitable Endowment Program, director of the Big Shoulders Fund, which supports Chicago’s inner-city Catholic schools, a trustee of Illinois Institute of Technology, vice chairman and director of the Chicago Botanic Garden, and a director of the Ruth M. Rothstein CORE Center (a joint venture of Cook County and Rush-Presbyterian – St. Luke’s Medical Center).
Mr. Lanctot attended the University of Pennsylvania, received his B.A. from Northwestern University and graduated from the University of Chicago Law School.
Mr. Malpass is Vice President and Chief Investment Officer at the University of Notre Dame. Since he began serving as CIO in 1989, he has been responsible for investment of the university's endowment, working capital, pension and life income assets of some $11.5 billion.
Mr. Malpass teaches investment and portfolio management at Notre Dame's Mendoza College of Business. He also serves on the boards of directors of the Vatican Bank, Saint Joseph Regional Medical Center, the Vanguard Group, the Vanguard mutual funds, and is Chairman of The Investment Fund for Foundations (TIFF). He also advises numerous U.S. charities on their investments.
Mr. Malpass earned his undergraduate degree and M.B.A. from the University of Notre Dame.
Advisor to the Board
Mr. Flannery joined TIFF in 2003 and serves as Chief Executive Officer with overall responsibility for all of the organization's activities. Prior to joining TIFF, Mr. Flannery spent 14 years at Delaware Investments, where he was Executive Vice President, supervising multiple departments and playing a key role in the firm's transition from a domestic to a global investment management firm. He holds a BS summa cum laude in sociology from Saint Joseph's University and a JD from Harvard Law School. Mr. Flannery serves on the Investment Committee of the Financial Industry Regulatory Authority (FINRA) and on the Compensation Committee of Mercy Investment Services Inc., a non-profit investment firm serving the Sisters of Mercy. He also serves on the board of The Nelson Foundation.
Ms. McCusker joined CIS in 2014 and oversees investor relations and marketing for the firm. Prior to joining CIS, she spent 10 years at Cambridge Associates in Boston and London in both investment and business development functions. For more than seven years at Cambridge Associates, she advised non-profit clients in the U.S. and Europe with assets ranging from $50 million to over $1 billion on investment policy setting, governance, asset allocation, manager selection and risk management. She also served as head of business development and client relations in Cambridge Associates’ London office serving institutional clients in Europe, the Middle East and Africa.
She holds a B.S.M degree in finance and accounting from Tulane University and an M.B.A from Boston University. She currently holds both FINRA series 7 and 63 registrations.
Check Rita McCusker's background here.